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Flipkart's B2C Arm Crosses INR 20,000 Cr Revenue Mark In FY25

India, Sept. 13 -- Flipkart Internet, the ecommerce major's marketplace arm, crossed the INR 20,000 Cr revenue mark in FY25. The company's operating revenue rose 14.4% to INR 20,493 Cr in the fiscal u... Read More


From Flipspaces To Indrajaal - Indian Startups Raised $48 Mn This Week

India, Sept. 13 -- After showing some signs of recovery in the first week of September, Indian startup funding took a major hit this week. Indian startups raised a mere $47.8 Mn across 18 funding deal... Read More


Urban Company IPO: Issue Oversubscribed 15X On Day 3 So Far

India, Sept. 12 -- Continuing the momentum of the previous two days, Urban Company's IPO was oversubscribed 15.3X at 11:09 on the last day of bidding today. The issue received bids for 164 Cr shares a... Read More


K'taka HC Directs Tax Dept To Refund INR 16.11 Cr To Flipkart

India, Sept. 12 -- The Karnataka High Court (HC) has reportedly directed the state's commercial taxes department to refund INR 16.11 Cr to Flipkart India. The ecommerce giant had paid the amount as pa... Read More


Centre Launches INR 100 Cr Scheme To Back Green Hydrogen Startups

India, Sept. 12 -- Renewable energy minister Pralhad Joshi announced a new INR 100 Cr R&D scheme to back "innovative" green hydrogen startups. Addressing the maiden green hydrogen R&D Conference, Jos... Read More


RBI Fines IPO-Bound PhonePe For Flouting PPI Norms

India, Sept. 12 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of INR 21 Lakh on IPO-bound PhonePe Limited for violating norms related to Prepaid Payment Instruments (PPIs). "The p... Read More


FirstCry's GlobalBees Invests INR 9 Cr in HealthyHey, Increases Stake to 80%

India, Sept. 12 -- A day after FirstCry announced further investment in GlobalBees, the rollup subsidiary announced an investment of INR 8.9 Cr in its portfolio brand HealthyHey Foods. With this, Glob... Read More


Can PW Redeem Indian Edtech, Zupee Axes 170 Jobs & More

India, Sept. 12 -- Can PhysicsWallah Break The Edtech Jinx? Days ago, PhysicsWallah submitted its updated DRHP with SEBI for an INR 3,280 Cr public listing. Amid the dilapidated state of Indian edtec... Read More


[Update] Urban Company IPO: Issue Closes With 104X Oversubscription

India, Sept. 12 -- Update | September 12, 19:30 IST Urban Company's IPO closed with an oversubscription of a whopping 103.63X. On the final day, the consumer services unicorn's public issue received ... Read More


Astrotalk Plans Offline Stores: Inside Astrology Giant's Big Bet Before IPO

India, Sept. 12 -- India's passion for celestial bodies goes back thousands of years and, as ancient legends of the land professed and practised the study of stars and planets, it gradually became int... Read More